Bookmarking Crypto Insights
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A New York judge has issued a court order permanently banning a New York-based crypto promoter whose firm was accused of defrauding investors and failing to deliver on its promises. In his ruling, Judge Jack Weinstein stated that the crypto firm, CabbageTech Corp., had defrauded investors using false statements, and ordered its operator, Patrick McDonnell, … Read more
India and China arrest alleged crypto scammers and hackers, while the SEC announces it will review its BTC ETF rejections Go to Source Powered by WPeMatico
The US Commodities Futures Trading Commission (CFTC) helped bring a fraud case to court, hoping to both assist in its ultimate prosecution and establish precedent. The New York Eastern District Court decided in the CFTC’s favor, ending in a combined over $1.1 million decision in fines and restitution. It also established the regulator as having … Read more
The CFTC has won a court order to permanently ban New York-based firm CabbageTech Corp. for “fraud and misappropriation in connection with purchases and trading of BTC and LTC.” Go to Source Powered by WPeMatico
The director of the U.S. Financial Crimes Enforcement Network (FinCEN) says that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports Go to Source Powered by WPeMatico
This week the firm Ledgerx announced the soft launch of its ‘Ledgersavings’ platform, a new service that allows users to deposit bitcoin core (BTC) and accrue interest on the deposit over a variety of maturation periods. The CFTC-regulated company explains the new savings program will allow clients to gain an annualized return of roughly 16 percent, even … Read more
The U.S. Securities and Exchange Commission (SEC) has extended the time period it needs to make a decision on the Vaneck Solidx bitcoin ETF based on the proposed rule change filed by Cboe BZX Exchange. Meanwhile, the ETF team has submitted to the SEC key changes addressing all concerns cited as reasons for rejecting Solidx … Read more
Here’s how the Chamber of Digital Commerce suggests to facilitate the “responsible growth” of the crypto market Go to Source Powered by WPeMatico
“Customers will not be able to pay for Frappuccinos with bitcoin,” Starbucks clarifies, after media misleadingly report on the company’s new crypto-related venture Go to Source Powered by WPeMatico
Money? Commodities? Securities? Utility tokens? The world’s governments can’t agree on what cryptocurrencies really are Go to Source Powered by WPeMatico
